NorNic ApS — Credit Rating and Financial Key Figures

CVR number: 37818712
Kejsegårdsvej 6, Ålsrode 8500 Grenaa

Company information

Official name
NorNic ApS
Personnel
1 person
Established
2016
Domicile
Ålsrode
Company form
Private limited company
Industry

About NorNic ApS

NorNic ApS (CVR number: 37818712) is a company from NORDDJURS. The company recorded a gross profit of -14.3 kDKK in 2023. The operating profit was -14.3 kDKK, while net earnings were -18.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4 %, which can be considered poor and Return on Equity (ROE) was -9.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. NorNic ApS's liquidity measured by quick ratio was 3.3 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit287.25169.2987.36211.20-14.31
EBIT186.6333.02-51.93144.96-14.31
Net earnings155.5320.59-42.30111.81-18.28
Shareholders equity total276.60186.58144.29256.10137.82
Balance sheet total (assets)432.23366.40244.73523.90198.01
Net debt- 332.82- 240.15- 110.92- 449.63- 159.56
Profitability
EBIT-%
ROA54.8 %8.3 %-17.0 %37.7 %-4.0 %
ROE61.5 %8.9 %-25.6 %55.9 %-9.3 %
ROI71.1 %12.1 %-23.5 %60.8 %-6.3 %
Economic value added (EVA)156.8428.34-34.77113.52-6.04
Solvency
Equity ratio64.0 %50.9 %59.0 %60.7 %69.6 %
Gearing6.2 %33.5 %32.8 %11.5 %22.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.51.92.33.23.3
Current ratio2.51.92.32.03.3
Cash and cash equivalents349.85302.61158.22479.00190.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBC

Variable visualization

ROA:-3.95%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.6%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.